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Manufactured homes could ease the affordable housing crisis. So why are so few being made?

Manufactured housing is the least expensive type of housing. So, considering the severe shortage of affordable housing in the US, why is the annual production of new manufactured housing so low?

Manufactured housing is 35 to 47 percent cheaper per square foot than new or existing site-built housing, yet the number of manufactured homes shipped each year has gone from averaging 242,000 per year between 1977 and 1993 to just 92,500 units in 2017. 

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